HOV Q2 2018 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q2 2018 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$503M-14.2% YoY

Gross Profit

$79M15.7% margin

Operating Income

$18M3.6% margin

Net Income

-$10M-2.0% margin

EPS (Diluted)

$-1.65

QoQ Revenue Growth

+20.5%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$16M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$2.1B

Stockholders' Equity

-$500M

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$503M	$586M	-14.2%
Gross Profit	$79M	$81M	-2.7%
Operating Income	$18M	$14M	+30.4%
Net Income	-$10M	-$7M	-47.0%

Revenue Segments

Homebuilding

$489M97%

Financial Services

$13M3%